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Blog Archives

How Can You Benefit from a Part Exchange Plan?

Part exchange homes schemes - Photo of new build flats - Molae Properties

Part exchange plans have gained popularity due to what many see to be a stalling housing market in London. The basic principle behind these schemes is that an owner can trade in, or part exchange their existing home to a builder. In return, the value of this home is deducted from the cost of a new property. There are several benefits to part exchange plans and it’s worth learning about them if you’re looking to sell soon. So let’s look at part exchange homes and how these plans can help you get a quick sale.

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Section 20 Notice: A Look at the Major Points

Molae Properties - Section 20 notice - photo of renovations on block of flats

We know that repairs, maintenance and improvements need to be carried out within apartment buildings and flats. These may be relatively small costs but from time to time they can be much larger. Occasionally there can be instances when leaseholders are forced to pay out ridiculously large sums of money. One particularly shocking recent case was from Oxford in early 2016. Around 50 leaseholders in an apartment block were asked to pay an eye-watering £50,000 pounds each.

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Divorce and Property: Dealing with a Marital Home

Divorce and Property - Molae Properties - Image of a split in the ground.

While a divorce can be a stressful time in and of itself, such an event can become even more difficult when a home is involved. Unsurprisingly, this can be a confusing and complicated situation. We will  start by looking at how you can protect your ownership rights. Then, we will look at the relationship between divorce and property, while highlighting some of the main factors to address during the process.

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Landlords Selling Houses and 2016 Capital Gains: Your Go-To Guide

Landlords selling houses - 2016 Capital Gains Tax - image of banknotes

Whenever you sell an asset, the potential obligation to pay capital gains tax (CGT) is always a concern. Landlords selling houses should be aware of how this tax functions, some of the rules set out by the HMRC and a handful of exemptions which could prove to be quite useful when determining whether or not it is necessary to file. Let’s take a look at some of the principles behind capital gains tax in relation to a property sale.

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Landlords: Selling a Property with Tenants

Selling a Property with Tenants

If you are a Landlord there may be a time when you need to consider selling a property with tenants. While the house sale process can be challenging at the best of times. It can be even more difficult if you have tenants currently renting the property. So, what are some of the rules about selling a property with tenants? Let’s take a look at a handful of regulations and concerns that you should always take into account.

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Selling a House in a Bear Market: What You Need to Know

House selling Tips from Molae Properties

There is no doubt that we are living in rather troubled economic times. Now that the Brexit vote has been passed, many London property owners are wondering if the economy is soon to enter into bearish territory. In fact, firms such as Hermes Investment believe that we have already entered into this environment. Assuming that this is the case (or that a bear market is just around the corner), what are some ways you could speed up any home sale? Let us take a look at some top house selling tips.

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How to apply for Probate: what steps you should take

How to apply for Probate - Molae Properties

If you need to sell a property after the owner has passed away, you will probably need to apply for Probate. This gives you the legal right to deal with the property of a deceased person, called a “grant of representation”. It’s important that you understand how to apply for probate to ensure things go smoothly. You need to watch out for all legal steps that must be taken. So, let’s  take a closer look to try and simplify things a bit.

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Latest testimonial

The sale of my property was well managed with regular communication and advice and support provided throughout the process.  The company also provided legal support through one of their panel solicitors which was professional friendly and reassuring during what was a complex sale.  They are trustworthy and reliable and I would recommend this company to anyone looking to sell their property.  Thank you for making this a much easier process.
R. Mangal, Leyton, London, E10